Care Hospice Acquires Piedmont Hospice
Capricorn Healthcare announced its portfolio company, Care Hospice (“Care”), closed its acquisition of Piedmont Hospice (“Piedmont”). Piedmont provides hospice care in South Carolina across its two offices in Greer and Charleston. Financial terms of the transaction were not disclosed.
Through combining with Care’s existing hospice operation in South Carolina, the company will be able to extend its quality and compassionate care to more communities and patients. This transaction marks the seventh successful acquisition consummated by Care Hospice in the last four years and a continuation of the company’s strategy to build strong regional hospice programs across the US.